Arrow Finl: Q4 Earnings Insights

Arrow Finl (NASDAQ:AROW) reported its Q4 earnings results on Thursday, February 1, 2024 at 07:50 AM. Here’s what…

Arrow Finl (NASDAQ:AROW) reported its Q4 earnings results on Thursday, February 1, 2024 at 07:50 AM.

Here’s what investors need to know about the announcement.

Earnings

Arrow Finl missed estimated earnings by 2.13%, reporting an EPS of $0.46 versus an estimate of $0.47.

Revenue was down $4.65 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 9.57% increase in the share price the next day.

Here’s a look at Arrow Finl’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.33 0.71 0.64 0.78
EPS Actual 0.46 0.35 0.50 0.71
Revenue Estimate 32.59M 37.75M 36.20M 39.09M
Revenue Actual 33.40M 32.68M 34.77M 37.74M

To track all earnings releases for Arrow Finl visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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